ETF Rolling Reserve Act Summary

Education Trust Fund Total Revenue Growth = -$21.5M -0.69% Decrease in FY 2024 over FY 2023 Decreasing Revenue Sources Sales Tax -$33,109,528 Use Taxes -$1,878,600 Beer Tax -$1,361,128 -4.06% -2.12% -16.46% $4,000,000,000 Total Net Receipts $3,124,745,866 $3,000,000,000 $2,000,000,000 $1,000,000,000 Increasing Revenue Sources $3,103,276,981 Income Tax $5,233,378 0.26% Utility Tax $5,010,492 3.67% Simplified Sellers Use Tax $4,670,029 15.77% $0 2023 2024 FY 2024 ETF Budget Condition (as of 2/1/24) ETF $2,518,997,462 $3,103,276,981 Beginning Balance YTD Receipts Total Available Funds $5,622,274,443 Total Obligations $10,666,388,597 Revenue Needed in Feb. Sept. of FY24 $5,044,114,154 Revenue Received in Feb. - Sept. of FY23 $7,306,214,319 Education Trust Fund Budget Conditions FY2024 Year to Date 29

View entire presentation